Asmo North Carolina, Inc. 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019, when $63.9 million was transferred out of the plan. Assets moved to the DENSO RETIREMENT SAVINGS PLAN (sponsored by DENSO INTERNATIONAL AMERICA, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the DENSO RETIREMENT SAVINGS PLAN →

Asmo North Carolina, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
ASMO NORTH CAROLINA EMPLOYEES' SAVINGS AND
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ASMO NORTH CAROLINA, INC.
Participants
1,899
Former employees with a balance
0
Employer contributions
$1,427,871 in plan year 2019 (36% of all contributions)
Recordkeeper
Cpi Qualified Plan Consultants, Inc
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Jul 1, 2001
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Mar 12, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $4.00 million went into the plan in contributions, $1.43 million of it from the employer (36%).
  • $6.40 million was paid out to participants.
  • Investment and other income added $12.5 million.

How the Asmo North Carolina, Inc. 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20141,322$47.1 million$1.26 million$3.52 million
20151,358$48.1 million$1.32 million$3.21 million
20161,583$52.1 million$1.45 million$3.56 million
20171,817$62.0 million$1.46 million$5.04 million
20181,817$53.9 million$1.57 million$6.64 million
2019 (final)1,899$0$1.43 million$6.40 million

Asmo North Carolina, Inc. 401(k) Contact Information

Phone
704-878-6663
Mailing address
470 CRAWFORD ROAD, STATESVILLE NC 28625
Plan sponsor
ASMO NORTH CAROLINA, INC.
Employer identification number (EIN)
62-1348671
Plan number
001

Questions about the Asmo North Carolina, Inc. 401(k)

Is the Asmo North Carolina, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2019. Its assets were transferred to the DENSO RETIREMENT SAVINGS PLAN.

Does Asmo North Carolina, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $1.43 million, 36% of all contributions.

Does the Asmo North Carolina, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Asmo North Carolina, Inc 401(k) plan?

1,899 participants at the start of plan year 2019.

Who manages the Asmo North Carolina, Inc 401(k) accounts?

CPI QUALIFIED PLAN CONSULTANTS, INC is the plan's recordkeeper, which is where participants log in to see their balance.

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